Kotak Mahindra Bank Purchase Manager Salaries by 3 Employees (Updated 2024)

6 - 12 years exp.

₹5.4 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Purchase Manager Salary in Banking Companies for 6 - 12 years of experience

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Last Updated: 7 Dec 2024

Companies similar to Kotak Mahindra Bank for Purchase Manager

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Honda Motorcycle & Scooter Purchase Manager Salary 9 - 19 years exp. (54 salaries)	₹16 L/yr - ₹35 L/yr 274% more
JCB Purchase Manager Salary 12 - 17 years exp. (38 salaries)	₹12.7 L/yr - ₹27 L/yr 242% more
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Reliance Industries Purchase Manager Salary 5 - 15 years exp. (28 salaries)	₹6 L/yr - ₹12.7 L/yr 21% more
Arvind Group Purchase Manager Salary 7 - 23 years exp. (28 salaries)	₹5.5 L/yr - ₹11 L/yr 30% more
Schneider Electric Purchase Manager Salary 6 - 16 years exp. (27 salaries)	₹9.1 L/yr - ₹20.7 L/yr 128% more

Purchase Manager salary at Kotak Mahindra Bank ranges between ₹5.4 Lakhs to ₹7 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Purchase Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Purchase Officer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Sourcing Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Supply Chain Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Operations Manager Salary

(268 salaries)

₹2 L/yr - ₹11.2 L/yr

Purchase Executive Salary

(4 salaries)

₹3.62 L/yr - ₹4.5 L/yr

Deputy General Manager Salary

(18 salaries)

₹3.75 L/yr - ₹5 L/yr

Senior Engineer Salary

(6 salaries)

₹3.25 L/yr - ₹10.81 L/yr

Team Lead Salary

(386 salaries)

₹1.5 L/yr - ₹6.87 L/yr

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Dislikes

Salary, promortion - these are the worst over here.

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

2 participants . expiring in 2w

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Kotak Mahindra Bank Purchase Manager Salary FAQs

What is the notice period for Purchase Manager at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Purchase Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Purchase Manager Salaries

Kotak Mahindra Bank Purchase Manager salary in India ranges between ₹5.4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.